Analysis and Insights into the world of IPOs and investing in India

Saturday, May 31, 2008

Niraj Cement Structurals Ltd IPO subscribed 1.74 times

Niraj Cement Structurals Ltd IPO was subscribed 1.74 times on an overall basis. The retail portion was subscribed 3.81 times. However the QIB portion was subscribed 0.00 times. The IPO had opened on May 26, 2008. It was subscribed 0.37 times till second last day, i.e. till May 29, 2008

Niraj Cement Structurals IPO Subscription Figures as on May 30, 2008 1730 hrs IST:
QIB: 0.00 times
Non-Institutional Investors: 4.01 times
Retail: 3.81 times
Employees: 0.00 times
Overall: 1.74 times
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